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conduct an experiment with games inspired by these models. In the Dixit-style game, the incumbent monopolizes the market most …
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distinguishable types. This contribution explains absolute market power (single-firm monopoly and dominance), collective market power … market entries to discipline the behavior of powerful incumbents on monopoly or dominance markets. Recently, contestability …
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In this article, we consider how important developments in game theory have contributed to the theory of industrial organization. Our goal is not to survey the theory of industrial organization; rather, we consider the contribution of game theory through a careful discussion of a small number of...
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outcome in terms of liquidity and (generally) welfare compared to the case of an unregulated monopoly. Controlling entry or …
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